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CoinDesk 20 Performance Update: ADA pump 13.6%, leading index rises
Litecoin (LTC) is also one of the best-performing currencies, up 6.5% from Monday's pump.
Article author: Tracy Stephens, CoinDesk Indices
Article Source: CoinDesk Indices
Article compilation: Ada, MetaEra
CoinDesk Index (2.11) Market Overview, focusing on the star coins and low-performing coins in the CoinDesk 20 Index.
The CoinDesk 20 index reported 3237.73, up 0.8% since 4 p.m. Eastern Time on Monday, with a +26.27( pump. Out of the 20 assets in the index, 15 have experienced price pumps.
Star coins: ADA )+13.6%( and LTC )+6.5%(
Sluggish currencies: APT (-3.5%) and AAVE (-1.1%)
For previous content, please see:
"CoinDesk 20 Performance Update: HBAR index started to pump from Friday, soaring 42.3%"
"CoinDesk 20 Performance Update: UNI pump 16.3%, all assets trading higher"
"CoinDesk 20 Performance Update: XLM soared 47.7%, index pump exceeded 100 points"
"CoinDesk 20 Performance Update: XLM pumped across the board over the weekend, surging by 73.2%"
CoinDesk 20 Performance Update: LTC pump 8.5%, leading index pump since Wednesday
"CoinDesk 20 Performance Update: HBAR falls 11.4%, leading the index to decline from Tuesday"
"CoinDesk 20 Performance Update: POL drops 7.7%, leading index declines"
"CoinDesk 20 Performance Update: LINK falls 5.7%, almost all index components are down"
About CoinDesk 20
The CoinDesk 20 Index (CD20) is a comprehensive cryptocurrency index that caters to the market's demand for a more diversified index and portfolio selection beyond Bitcoin. Designed with careful consideration, it balances liquidity, diversification advantages, and implementation convenience. The CoinDesk 20 tracks the performance of top digital assets and enhances portfolio diversity using a market value-weighted approach.